First Time Home Buyers


Here are some point to guide you through the first time buyer experience, please do go over it as best as possible, and I’ll explain it when we meet:

Purchase Process from Start to End

  • The entire purchase process in brief and point form. Please click here.

 

Costs that You can Expect

  • Additional costs that you need to consider before visiting properties. Please click here.

 

First-Time Buyer Financial Incentives

  1. RRSP Home Buyers’ Plan
    • you may borrow up to $35,000 tax-free from your RRSP
  2. Land Transfer Tax Rebate for First Time Home Buyers
  3. First-Time Home Buyer’s Tax Credit ($750)
  4. GST/HST New Housing Rebate (up to $6,300)
    • If you are purchasing a pre-built home, you could qualify for a rebate a portion of the sales tax
RRSP Home Buyers’ Plan First-Time Home Buyer’s Tax Credit

 

 

 

 

 

 

 

 

 

Land Transfer Tax Rebate for First Time Home HST / GST Rebate for First Time Buyers